Preparing to lay off 10,000 employees in Amazon: Decision taken due to losses; Robot replacing humans in the company


Posted on 15th Nov 2022 12:21 pm by rohit kumar

E-commerce sector giant Amazon can lay off about 10,000 people. According to the New York Times report, thousands of people may lose their jobs in the next week itself. The company has taken this decision due to lack of profit in the last few quarters.

 

Amazon is apprehensive that the economic recession is increasing continuously, in which case the company should reduce its expenses. The company also announced a hiring freeze last week. Many employees were also asked to look for jobs elsewhere. However, there has been no statement from Amazon regarding the layoffs so far.

 

Biggest layoff in Amazon history

According to the figures of 31 December 2021, Amazon has more than 16 lakh full-time and part-time employees. If the company fires 10,000 employees at once, it would be the biggest layoff in Amazon's history. Overall, the company is preparing to lay off 1% of its employees.

 

Robots are replacing humans

The company is promoting the use of robots in many units to do work. About 3 quarters of the packets that are delivered currently pass through some kind of robotic system.

 

Amazon Robotics Chief Ty Brady said that packaging could be 100% robotic systems in the next 5 years. He indicated that in the future, robots will replace human employees, but it will take a long time. Brady says that the work in the company will change, but the human need will always be there.

 

Also Read: Meta layoffs: Zuckerberg confirms layoff reports, those who will be fired will get four months' salary

1 Like 0 Dislike
Previous news Next news
Other news

Bigg Boss OTT 2: Jia Shankar upset after seeing the bonding of Manisha Rani and her father, the actress cried remembering the family

Bigg Boss OTT Season 2 is gaining immense popularity among viewers. Seeing the demand for the sho

Canadian PM Trudeau jumped into the Israel-Hamas war, and had to criticize Israel heavily; Netanyahu told blatant lies

Netanyahu vs Justin Trudeau: Today is the 39th day of the Israel-Hamas war and the situation is g

Explosion outside Afghan Foreign Ministry: China-Taliban meeting was going on inside, 20 people died – Taliban leader silent

There was a blast on Wednesday outside the Ministry of Foreign Affairs in Kabul, the capital of A

Maharashtra: Rape accused presented 'live-in relationship' contract, these conditions brought relief to the government employee

A government employee got bail in a rape case due to a live-in relationship agreement. The seven

Saudi women will run bullet train: the first batch of 32 women ready after training, first test between Mecca and Medina

The ban on women driving in Saudi Arabia was lifted just four years ago. Now very soon the women

Jawan: Shahrukh Khan's team took strict action against those selling pirated copies of 'Jawaan', the matter reached the police.

It's been just a few days since Shah Rukh Khan's film Jawan was released. The film is also making

India's embarrassing defeat in Indore Test: Australia achieved the target of 76 runs in 76 minutes, won by 9 wickets

Australia defeated India by 9 wickets in the Indore Test on Thursday. India had given a target of

Sunil Chhetri Retires: Sunil Chhetri announced his retirement, and will play his last international football match against Kuwait on June 6.

Indian footballer Sunil Chhetri will play his last international match against Kuwait on June 6.&

Jammu And Kashmir: Doda police released sketches of four terrorists and, cash reward of Rs 5 lakh for information; the search intensified

Doda Police has released sketches of four terrorists. These terrorists are roaming in the upper a

PM Modi In Prayagraj: PM said - Indi alliance's boat is sinking, SP-Congress are taking help of lies

Prime Minister Narendra Modi addressed a public meeting at the Parade Ground on Tuesday

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash